Glasgow advisory firm Murphy Wealth is moving to larger premises five years after re-locating to the city from its original Ayrshire home.

Having increased headcount by half to fifteen during the past year, the firm is now taking 3,000sq ft at Sutherland House in St Vincent Street. The move will provide space to double staff numbers in the coming 12 months.

Founded in 1977 by chairman Brian Murphy, the business is now run by his son Adrian. The move to Sutherland House is the second in five years following its transfer from Ayr in 2013.

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Adrian Murphy, who holds the post of managing director, said: "Our office move represents another key milestone on Murphy Wealth's expansion path, and a positive step for our staff and clients, who will now enjoy a more collaborative, engaging and creating working environment.

"Our business is in a really exciting growth phase. We now have more room to develop our experienced team and work even more effectively with our clients in a way that suits them.

"Since moving into the city centre five years ago, our business has gone through a lot of changes, but we now have the perfect base to focus on our ambitions and drive further growth for the firm and our clients."

Recent strategic moves by the firm include the decision to ditch its percentage charging system in favour of fixed fee pricing for clients, and the launch of a new app. Murphy Wealth also runs a graduate programme in partnership with Glasgow Caledonian University's investment and risk department.